Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 268.72

+1.3%

3:59 PM EST

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To: davesd who wrote (14256)	1/7/1998 8:52:00 PM
From: Proud_Infidel	Read Replies (2) of 70976

These guys are fu*** clowns! BUY Yahoo and sell AMAT? Yes, makes perfect sense to me. AMAT supplies equipment needed to make practically anything run in our modern world and is the clear leader in an oligopoly, while Yahoo gives the weather and stock prices and is trading at about 800X eps for this year. How can they recommend 'net stocks at these prices?!?! Most have gone up not down over the past several months, and their valuations then were ludicrous. I believe in the Greater Fool Theory but have always thought the people at Merril, Prudential et al knew somewhat better. Articles like this change your mind on that however. amazed & disgusted, Brian BTW, has anyone** out there at ML heard of buying out-of-favor sectors/stocks, rather that companies which have not seen a down day since going public? The real sad part of this whole thing is that these analysts will probably get a million dollar bonus for their "brave recommendation" Probably also at the top of their list are KO an MSFT

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